Sector Update: Tech

MT Newswires Live2025-07-14

Technology stocks were mixed premarket Monday as the Technology Select Sector SPDR Fund (XLK) was slightly higher and the SPDR S&P Semiconductor ETF (XSD) was down 0.6% recently.

Synopsys (SNPS) proposed $35 billion acquisition of Ansys (ANSS) has received conditional approval from China's State Administration for Market Regulation, multiple media outlets reported. Shares of Synopsys were up nearly 3% and Ansys shares were around 5% higher pre-bell.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment